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November 30, 2022

Vietnamese wood manufacturers on alert for unpredictable new year prospects

While the United States is nearing a stance on imported wood that will affect Vietnam, domestic producers are being urged to modernize to survive.  The US Department of Commerce will issue its conclusion on an investigation of evasion of trade remedies for plywood using hardwood materials imported from Vietnam on December 1. This marks the fourth time that the department (DOC) has changed the date to announce the conclusion of the investigation, which comes amid the wood industry facing great risks with high raw material prices, especially in the export stage to Vietnam’s largest markets.   ...

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